cted hypothetical financial data of larget and Wal- IL TOT 2022 Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65.900 46.000 et sales ost of goods sold lling and administrative expenses terest expense ther income (expense) $411.000 307.000 77.000 2.000 14.500 660 (85 (410) 7.100 ncome tax expense 1.400 let income $ 3.255 $17.490 Balance Sheet Data Progress Selected hypothetical financial data of Target and Wal-Mart for 2022 are presented here (in millions). Net sales Target Wal-Mart Corporation Stores, Inc. Income Statement Data for Year $65.900 $411,000 46,000 307.000 14.500 77000 660 2.000 (85) (410) Cost of goods sold Selling and administrative expenses Interest expense Other income (expense) Income tax expense 1.400 7.100 Net income S 3.255 $ 17 490 Balance Sheet Data (End of Year) $16.000 549.000 Current assets TELICUIII ITIV Current assets Noncurrent assets Total assets Balance Sheet Data (End of Year) $16.000 $49.000 26,100 123,000 $42.100 $172.000 $10.000 $54.000 17.100 45.000 Current liabilities Long-term debt Total stockholders' equity Total liabilities and stockholders' equity 15.000 73.000 $42.100 $172.000 Total assets Total stockholders equity Current liabilities Beginning-of-Year Balances $43,000 $164.000 13.900 65.000 10.900 57.000 29.100 99,000 Total liabilities Other Data S7.800 $4100 Rockholders equity Beginning-of-Year Balances $43.000 $164.000 13.900 65.000 10.900 57.000 29.100 99.000 e inventory cash provided to operating activities Other Data $7.800 $4100 7.000 33.800 5.600 27.400 12.500 2700 te the following ratios. (Round current ratio answers to 2 decimal places 150 decimo ploces e 5.275 and all answers to I decimal places 1.8 or 183) fowanswers Oh Data chance to decimal places 5.275 and all answers to 1 decimal places 1.8 or 1) Target election period Question 3 of 3 -/1 = For each company, compute the following ratios. (Round current ratio answers to 2 decimal places, eg. 15.50, debt to assets ratio and free cash flow answers to O decimal places, eg. 5,275 and all answers to 1 decimal place, e.g. 1.8 or 1.83%.) Ratio Target Wal-Mart (1) Current ratio :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in ventor days days 20 % (6) % Profit margin > times times 31 (7) Asset turnover % % (8) Return on assets 05 PM 122/2021 % % (9) Return on common stockholders' equity Question 3 of 3 -/1 E (1) Current ratio 4:1 :1 (2) Accounts receivable turnover times times (3) Average collection period days days (4) Inventory turnover times times (5) Days in inventory days days (6) Profit margin % % (7) Asset turnover times times (8) Return on assets 190 Se (9) Return on common stockholders equity 19% % (10) Debt to assets ratio % % (11) Times interest earned times times casablan -/1 E Question 3 of 3 times times (4) Inventory turnover days days (5) Days in inventory % % (6) Profit margin times times (7) Asset turnover % % (8) Return on assets % % (9) Return on common stockholders' equity % % (10) Debt to assets ratio times time: (11) Times interest earned (12) Free cash flow e Textbook and Media (4) Inventory turnover day days (5) Days in inventory % % (6) Profit margin tir times (7) Asset turnover % % (8) Return on assets 9 % (9) Return on common stockholders equity % (10) Debt to assets ratio times (11) Times interest earned $ (12) Free cash flow e Textbook and Media Attempts: 0 of 3 used Submit A Save for Later